Julian Phillips
Julian Phillips
Julian Phillips is an American motivational speaker, anchor and television personality...
buyers calling continues driver gold lack leaving price small volume
The real driver of the gold price continues to be lack of selling, leaving a small volume of investment/speculative buyers calling the shots.
demand fall funds huge levels lower market prepared pressures resolution sell
There is huge demand out there at the lower levels still, with the funds holding, but prepared to sell on the fall -- that's what consolidation is about. The resolution of these pressures can only make a market healthy.
bringing continuing despite few gold
Despite the continuing consolidation, there are few gold sellers. Any pullback is already bringing buyers.
added bank barely central demand driving drop gold investment japanese keeps supply
The drop in supply from central banks, added to the new investment demand from the E.T.F.'s (exchange-traded funds), and Japanese and investment bank buying, keeps gold driving forward, barely pausing for breath.
enters funds iran
The funds like to 'whip up the surf,' which is where Iran enters the picture.
awaits certainty lacks market
The market lacks certainty and awaits something or someone to take the lead.